A status and progress report from COTI’s CEO, during the COVID-19 global pandemic.
In this status report, we covered:
- The status of our operation and network through a global pandemic — we are fortunate to work with online merchants
- How we’re securing our runway — grateful to being to able to raise a follow-up investment during these challenging time
- Our Roadmap and what we’re building over the coming months — great products and partnerships are coming
Read all about it here.
We are thrilled to introduce COTI’s much-awaited Staking 2.0 model
The recent and continual growth of our network and processing volume has allowed for better than expected rewards for our current node operators and stakers, while also presenting an opportunity to grow our staking program even further.
We are now pleased to introduce staking 2.0, with increased staking volume and participants, to be launched in May 2020. Read the full article for all the details.
Pre-registration for Staking 2.0 is now open!
To register early and secure a spot, follow instructions in this link.
We are also happy to share that March staking rewards have been successfully distributed, continuing with a high rate return of 45%-48%! More details here.
COTI Tech Roadmap 2020
Much has happened at COTI during the first quarter of 2020 with fruitful and very exciting developments. These include a few working products and the introduction of a new tier of decentralized nodes and Staking, which enables token holders to stake COTI and to earn rewards.
We are now pleased to share COTI’s Tech Roadmap, which offers a view onward for what’s to come in 2020.
COTI’s Merchant Activities, New Explorer and Tracking Transactions on The Trustchain
The new Explorer upgrade is just the first upgrade designed to bring greater transparency to our network and network operations. All activities, including merchant transactions, can now be tracked on the new Explorer, alongside other activities such as staking, bridge movements, and all other network transactions. Read more here.
COTI Transaction Distribution Model
One key technological upgrade that we have implemented is a new algorithm to pick the nodes that will process a transaction and collect the fees. Nodes with more volume staked on them will get a better chance in processing transactions. Read all about it here.
COTI MultiDAG — Token Deployment Demo
Following the release of our MultiDAG, we prepared this technical article to describe how the COTI network implements its multi-currency capabilities. This piece demonstrates the issuance of new tokens over the network with code snippets and full command overview.
Read the full article written by the COTI Dev Team and watch the Token Deployment Demo.
On March 12th, we held a Tech AMA on our official Telegram group, hosted by Wolf Crypto, covering the COTI MultiDAG. Read the AMA recap here.
Stay COTI!
For all of our updates and to join the conversation, be sure to check out our channels:
Website: https://coti.io
Twitter: https://twitter.com/COTInetwork
Telegram: https://t.me/COTInetwork
Github: https://github.com/coti-io
Discord: https://discord.me/coti
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
